Trade the top of tech
NYSE FANG+™ Index futures
Introducing a new market data program
NYSE FANG+ Index futures were launched on ICE Futures U.S. in 2017. Comprised of 15 high growth technology stocks, the contract averaged 1,500 contracts/day in 2018 and its momentum continues to grow.
Participating market makers maintain a well quoted, liquid market and the product’s commercial success has continued to develop.The unique structure of the index, which consists of some of the largest in tech, has captured the interest of a variety of participants including retail, asset managers, CTAs, institutions, and trading desks.
The index composition includes the five staple FANG stocks - Facebook, Apple, Amazon, Netflix and Google (Alphabet) - plus another five actively-traded technology growth stocks - Alibaba, Baidu, NVIDIA, Tesla and Twitter. Equally weighted and reconstituted on a quarterly basis, the contract provides a performance benchmark that allows participants to take advantage of the capital efficiency of futures.
The NYSE FANG+ Index has outperformed some of the other major indexes. Over the past 4 years, the NYSE FANG+ Index has displayed a 24% annualized return as compared to 14% for the NASDAQ-100® and 9% for the S&P 500®.
The program
- Eligible products include FANG+ futures, mini Silver futures, and mini Gold futures.
- The retail package is available to retail brokers who are vendors of ICE Futures U.S.
- ICE charges a $1 fee per customer per month for these products.
ICE offers several other FANG+ incentive programs including a broker rebate program.
For more information, please contact Ted Doukas at 312-836-6712 or ted.doukas@theice.com
